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Vivacon AG

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VIVACON AG sells 5,236 apartments for over EUR 200 mn

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
20.12.2005
Ad-hoc Announcement according § 15 WpHG
VIVACON AG sells 5,236 apartments for over EUR 200 mn
Cologne, December 20th 2005. VIVACON AG (ISIN 0006048911) has today
agreed to sell a substantial residential portfolio to an
international institutional investor, representing the single largest
transaction in its corporate history. The transaction will be
consummated through a transfer of shares in the subsidiary Vivacon
Rheinruhr Portfolio I GmbH & Co. KG.
The Portfolio comprises a total of 5,236 residential units in the
Rhein-Ruhr area with a living area of approx. 321,000 sqm. The sale
is under freehold terms. The total transaction volume amounts to over
EUR 200 mn.
end of announcement                               euro adhoc 20.12.2005 07:30:00

Further inquiry note:

Michael Schroeder
+49 (0) 221 93761-256
michael.schroeder@vivacon.de

Branche: Real Estate
ISIN: DE0006048911
WKN: 604891
Index: CDAX, SDAX, Prime All Share, Classic All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bremer Wertpapierbörse (BWB) / free trade
Bayerische Börse / official dealing

Plus de actualités: Vivacon AG
Plus de actualités: Vivacon AG